Import-Export: A Proposal ON

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A PROPOSAL ON

IMPORT-EXPORT
SUBJECT RESEARCH METHODOLOGY

SUBMITTED TO THE GANDHINAGAR INSTITUTE OF TECHNOLOGY

PREPARED BY: RAHUL VALIYA JAY GAUDANI RAJ SOLANKI MBA I

GUIDED BY: PROF. JAYDEEPSINH JETHAWAT

YEAR 2011-12

Index
Sr. No. 1 2 3 4 5 6 7 Title Introduction Basic Details Objective Procedure Time budget Limitations References Page No. 2 3 7 7 8 8 9

1. INTRODUCTION
The project Import Export aims to explore the dynamics of mutual perception in the age of globalization. Which Individuals, cultural products, ideologies and consumer goods shape the knowledge of each other - or what is taken for Knowledge? India and German-speaking Europe are connected through a long and complex sometimes even contradictory history of mutual attributions, images, clichs and phantasms. For Import Export, we have put up an imaginary screen, which is used by both sides to project their reciprocal. Perception of the other as well as to reflect self-images and characterizes the relationship between the two cultural areas.

Primary data collection:o Conversation with existing employees. o Interaction with external employees who came to the company

Secondary data collection:o Websites o Books o Newspapers o Magazines

2. BASIC DETAIL
Export
The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In International Trade, "exports" refers to selling goods and services produced in home country to other markets. Any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers. Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon and e-Bay have largely bypassed the involvement of Customs in many countries because of the low individual values of these trades[citation needed]. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export. An export's counterpart is an import.

o Definition "Foreign demand for goods produced by home country" A general delimitation of exports in national accounts is given below: An export of a good occurs when there is a change of ownership from a resident to a nonresident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or repair). Also smuggled goods must be included in the export measurement.

o History The theory of international trade and commercial policy is one of the oldest branches of economic thought. Exporting is a major component of international trade, and the macroeconomic risks and benefits of exporting are regularly discussed and disputed by economists and others. Two views concerning international trade present different perspectives. The first recognizes the benefits of international trade. The second concerns itself with the possibly that certain domestic industries (or laborers, or culture) could be harmed by foreign competition. o Process Methods of export include a product or good or information being mailed, hand-delivered, shipped by air,shipped by boat, uploaded to an internet site, or downloaded from an internet site. Exports also include the distribution of information that can be sent in the form of an email, an email attachment, a fax or can be shared during a telephone conversation.National regulations United States The export of defense-related articles and services on the United States Munitions List (USML) is governed by the Department of State under the International Traffic in Arms Regulations (ITAR).The Bureau of Industry and Security (BIS) is responsible for implementing and enforcing the Code of Federal Regulations Title 15 chapter VII, subchapter C, also known as Export Administration Regulations (EAR).

Import
The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus an import is any good (e.g. a commodity) or service brought in from one country to another country in a legitimate fashion, typically for use in trade. It is a good that is brought in from another country for sale. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Imports, along with exports, form the basis of international trade. Import of goods normally requires involvement of the customs authorities in both the country of import and the country of export and are often subject to import quotas, tariffs and trade agreements. When the "imports" are the set of goods and services imported, "Imports" also means the economic value of all goods and services that are imported. The macroeconomic variable I usually stands for the value of these imports over a given period of time, usually one

o Definition "Imports" consist of transactions in goods and services (sales, barter,gifts or grants) from non-residents to residents.

An import of a good occurs when there is a change of ownership from a non-resident to a resident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or repair). Also smuggled goods must be included in the import measurement. Imports of services consist of all services rendered by non-residents to residents. In national accounts any direct purchases by residents outside the economic territory of a country are recorded as imports of services; therefore all expenditure by tourists in the economic territory of another country are considered as part of the imports of services. Also international flows of illegal services must be included.

o Types of import There are two basic types of import: pes

1. Industrial and consumer goods

2. Intermediate goods and services

Companies import goods and services to supply to the domestic market at a cheaper price and better quality than competing goods manufactured in the domestic market. Companies import products that are not available in the local market.

There are three broad types of importers: 1. Looking for any product around the world to import and sell. 2. Looking for foreign sourcing to get their products at the cheapest price. price 3. Using foreign sourcing as part of their global supply chain. . Direct-import refers to a type of business importation involving a major retailer (e.g. Wal import WalMart) and an overseas manufacturer. A retailer typically purchases products designed by local companies that can be manufactured overseas. In a direct-import program, the retailer es import bypasses the local supplier (colloquial middle-man) and buys the final product directly from middle the manufacturer, possibly saving in added costs. This type of business is fairly recent and follows the trends of the global economy.

3. OBJECTIVE
The objective of marketing research could cover the business problems relating to the followings. 1) Analyzing the import and export. 2) Buying habits and pattern of consumption 3) Size and location of different markets, not only in India but also overseas. 4) The prospects for growth or construction for the current markets being served.

4. PROCEDURE
This project is all about to know about export import Procedure of shipment. This project puts more focus on to know custom clearance, to make export - import invoice, to get shipping bill number from custom department etc. International Commercial Terms, known as Inciters are internationally accepted terms defining the responsibilities of the exporter and importer in the arrangement of shipments and transfer of liability involved in their international sales. Import Export Code (IEC) is a primary requirement for all exports & imports which is issued by the office of Director General of Foreign trade, Ministry of commerce.

5. TIME BUDGET
Collecting Information: 7 days Analysis of the same: 8 days Conducting Research: 15 days Final project: 20 October

6. LIMITATION
Limitation of time Erroneous findings Not exact tool for forecasting Narrow conception of marketing research Employees are not fully aware of procedure of import-export.

REFERENCES
http://en.wikipedia.org/wiki/Import

india-import-export.int.ask.com
http://en.wikipedia.org/wiki/Export

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